Assa Abloy

September 1, 2020

ASSA ABLOY´s divestiture of certain businesses in relation to the acquisition of agta record completed

ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the “Divestiture”). The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK. In addition, agta record´s high-speed door business located mainly in France is also included. The divested business

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Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024

Assa Abloy
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2024
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04
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24
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden. Adoption of income statements and balance sheets and discharge from liability The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023. Dividend The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments,
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Quarterly Report Q1 2024

Assa Abloy
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2024
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04
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24
Strong execution in a challenging market First quarter · Net sales increased by 9% to SEK 35,200 M (32,391), with organic growth of –2% (8) and acquired net growth of 11% (5). Exchange- rates affected sales by 0% (9). · Organic sales growth was stable in Entrance Systems, but declined in Americas, Asia Pacific, EMEIA and in Global Technologies. · Three acquisitions with combined annual sales of about SEK 2,000 M were completed in the quarter. The divestment of PACA in France was finalized. · Operating income[1] (EBIT) increased by 5% and amounted to SEK 5,427 M (5,186),
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Hexagon acquires Xwatch to strengthen its construction safety portfolio

Hexagon
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2024
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04
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23
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine. Xwatch has previously partnered with Hexagon’
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